XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 187.6 $ 372.3
Accounts receivable, net 2,951.9 2,705.6
Inventories 559.2 505.0
Prepaid expenses 59.8 64.4
Short-term derivative assets, net 70.6 51.1
Other current assets 247.8 241.9
Total current assets 4,076.8 3,940.4
Property and equipment, net 335.0 329.8
Goodwill 856.7 845.5
Identifiable intangible and other non-current assets 488.6 472.1
Total assets 5,757.0 5,587.8
Current liabilities:    
Current maturities of long-term debt and capital leases 33.7 25.6
Accounts payable 2,536.0 2,239.7
Customer deposits 95.0 108.3
Accrued expenses and other current liabilities 348.8 344.9
Total current liabilities 3,013.5 2,718.6
Long-term debt 731.6 884.6
Non-current income tax liabilities, net 187.2 202.4
Other long-term liabilities 49.5 44.2
Total liabilities 3,981.7 3,849.8
Commitments and contingencies
World Fuel shareholders' equity:    
Preferred stock, $1.00 par value; 0.1 shares authorized, none issued 0.0 0.0
Common stock, $0.01 par value; 100.0 shares authorized, 67.8 and 67.7 issued and outstanding as of June 30, 2018 and December 31, 2017, respectively 0.7 0.7
Capital in excess of par value 359.3 354.9
Retained earnings 1,546.3 1,492.8
Accumulated other comprehensive loss (146.3) (126.5)
Total World Fuel shareholders' equity 1,760.0 1,721.9
Noncontrolling interest 15.3 16.0
Total equity 1,775.3 1,738.0
Total liabilities and equity $ 5,757.0 $ 5,587.8